£392,018
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Jan 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £300,000 | 5 Jan 2017 |
| £265,000 | 30 Apr 2014 |
| £234,000 | 9 Oct 2009 |
| £114,000 | 1 Nov 2001 |
| Semi-Detached |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in January 2017 the House Price Index for ISLE OF WIGHT was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £300,000 results in an estimated price of approximately £392,018.
| 5 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £300,000 | £92,018 | £392,018 |
The Postcode Pricing Model uses changes in average sales price within the PO37 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -60.200 % | £-180,599 | £119,400 |
| 3 Month Average | -7.636 % | £-22,906 | £277,093 |
| 6 Month Average | 5.760 % | £17,278 | £317,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £293,756 | £290,000 | 23 SPRING GARDENS |
| 26 Jul 2023 | £162,183 | £160,000 | 10A SPRING GARDENS |
| 16 Mar 2023 | £202,912 | £201,000 | 12B CLARENDON ROAD |
| 28 Oct 2022 | £210,236 | £212,500 | 3 SPRING GARDENS |
| 11 Apr 2022 | £164,768 | £160,000 | FLAT 2 7 CLARENDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spring Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regent Street |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Regent Street |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Falcon Cross Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Falcon Cross Road |